Pix achieved the milestone of 3 billion monthly transactions in March, up from a previous record of 2.8 billion by the end of last year.
The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
Chilean Datamart raised $6.3 million in a seed round to expand into Mexico. Moonvalley Capital led the funding.
The recent weeks have seen a sharp drop in price across various cryptocurrencies leading to a wave of dismissals across the industry.
For Aviva, this round stands out as one of the largest for this investment stage in LatAm after the difficulties of the second half of 2022.
Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
The new alliance between Banca Afirme and Clara guarantees the investment of $55 million throughout 2023 for 200 businesses in LatAm.
Destácame already has 4.5 million users and wants to reach 10 million users by 2025, expanding its operation in Mexico.
PicPay stated that, before reaching the market, the solution went through tests for eight months with 10,000 company and partner employees.
Brazil and India are leading instant payment growth, with Pix and UPI accounting for over a third of total instant payments worldwide.